sec.63AHow site rent to be paid

### sec.63A How site rent to be paid A park owner must— nominate in a site agreement at least 3 approved ways for the home owner to pay site rent under the agreement (each a nominated way ); and ensure at least 1 of the nominated ways is a way that does not incur an additional cost to the home owner. Maximum penalty—10 penalty units. A park owner must permit the home owner to pay the site rent in a nominated way. Maximum penalty—10 penalty units. In this section— additional cost , to a home owner, means a cost other than bank fees, or other account fees, that are usually payable for the home owner’s transactions. s 63A ins 2024 No. 28 s 27 (sec.63A-ssec.1) A park owner must— nominate in a site agreement at least 3 approved ways for the home owner to pay site rent under the agreement (each a nominated way ); and ensure at least 1 of the nominated ways is a way that does not incur an additional cost to the home owner. Maximum penalty—10 penalty units. (sec.63A-ssec.2) A park owner must permit the home owner to pay the site rent in a nominated way. Maximum penalty—10 penalty units. (sec.63A-ssec.3) In this section— additional cost , to a home owner, means a cost other than bank fees, or other account fees, that are usually payable for the home owner’s transactions. - (a) nominate in a site agreement at least 3 approved ways for the home owner to pay site rent under the agreement (each a nominated way ); and - (b) ensure at least 1 of the nominated ways is a way that does not incur an additional cost to the home owner.